Proprietorship Firm for CAs in employment

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This discussion clarifies whether a Chartered Accountant (CA) in full-time employment can establish their own proprietorship firm instead of joining a partnership. The consensus is that this is permissible, provided the CA's employer grants permission. The user also sought specific references to relevant Acts or Institute guidelines, though these were not explicitly provided in the initial responses.

Bharat Munot

Bharat Munot (Querist)
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28 May 2021 Hi,

Can anyone please clarify if a CA in full time employment can have his own CA Proprietorship Firm rather than entering into any partnership firm?

Also, I would be grateful if the above point is clarified with reference to any particular "Act" and "section" or any guidelines.

Thank you in advance.